NCDEX Castor Seed May’17: Cover Short Position 20 Apr 2017 9:24 am   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date: 20/04/2017 NCDEX Castor Seed May’17: Cover Short Position NCDEX Castor Seed: (Price are in INR (Rs)/Quintal) The trend is turned down in Castor Seed futures on NCDEX. May 2017 Futures contract settled at Rs 4674 per Kg Wednesday. Hold short positions with stop loss of 4974. Further weakness is below 4560. Traders can cover short position at 4674-4560 range as the opportunity arises. Sell on fall below 4560 with high of the day stop loss or cover short position till 4560 is not violated. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Short 4674.00 4705.15 DOWN 4601.0 17.04 4534 4628 4676 4722 4816 *Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY Last Close Price G/L% Volume V -G/L% Open Interest OI -G/L % Candle Position 4674.0 1.6 27350 -10.7 98550 -1.8 Indecisive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 49.44 9.10 15.49 20.96 55.12 -17.02 40.63 41.40 View Full Image Read Disclaimer   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest TechAnalysis Report Castor Seed (May 24) Bearish Trend / Sell on Rise / Ke... Castor Seed (May 24) Bearish Trend / Sell on Rise / Ke... Castor Seed (May 24) Bearish Trend / Sell at CMP / Key... Castor Seed (May 24) Neutral Trend / Buy on Breakout /... Castor Seed (Apr 24) Neutral Trend / Buy on Breakout /... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (Apr 24) Neutral Trend / Buy at CMP / Price... Base Metals Zinc (Apr 24) Bullish Trend / Buy on Dips... Base Metals Lead (Apr 24) Bullish Trend / Buy on Dips... Aluminium (Apr 24) Bullish Trend / Buy-on-Dips / Key S... Top 5 Special Reports Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... Soy Refined Oil (Indore) Trading Near Key Resistance (... US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne...